Peter C. Foy & Associates Acquires Maloney & Associates

Sica | Fletcher advises Maloney & Associates in its sale to Peter C. Foy & Associates, Insurance Services Inc.

Overview of Transaction

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  • Established in 1990, Maloney & Associates (Maloney) is a leading surety bond agency headquartered in San Diego, California.

  • Maloney provides bonding to over 100 construction companies across the state of California.

  • Maloney & Associates agreed to partner with Peter C. Foy & Associates, Insurance Services Inc. (PCF), a top 75 National Insurance Broker headquartered in Woodland Hills, CA.

Significance of Transaction

  • The transaction capitalizes on Maloney’s construction expertise within the California marketplace, a sector of strategic interest to PCF.

  • Through the partnership with Maloney, PCF substantially expands its product offerings and bolsters its footprint on the West Coast. The partnership creates long-term synergies due to a shared culture and seamless product fit.

  • The acquisition will serve as a springboard to new markets and firmly positions both companies for growth.

Sica | Fletcher's Role

  • Maloney & Associates engaged Sica | Fletcher to serve as its exclusive strategic and financial advisor.

  • Sica | Fletcher explored several strategic options for Maloney, ultimately culminating in a partnership with PCF.

  • This transaction demonstrates Sica | Fletcher’s continued leadership position as the “advisor of choice” to the leading financial services companies and their investors. Additionally, this transaction highlights the long-term nature of many of Sica | Fletcher’s relationships, having worked with PCF on several transactions.

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Contact Details

MICHAEL J. FLETCHER

Managing Partner

516.967.1958

mjf@sicafletcher.com

ALEXANDER W. SICA

Managing Partner

201.805.1561

al@sicafletcher.com

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